It often comes as a surprise to many tenants to find out that not all landlords use letting agents - such as ourselves here at CPS Homes - to rent out their property. While using a letting agent has notable advantages, such as marketing, some landlords enjoy handling everything themselves. …
Government proposals to amend mandatory licensing rules will see an additional 174,000 properties require a HMO licence.Currently, any property which has 3 or more storeys and 5 or more tenants (families excluded) requires a mandatory HMO licence. This applies nationwide, regardless of where the property is situated.The Government is now …
Many landlords have more than one property in their buy-to-let portfolio, and the private rental sector has been steadily growing for the past couple of years, which means many landlords look to add further properties to their buy-to-let property investment. However, new figures from the latest index show that there …
While property fraud is relatively rare, it can still pose a problem to landlords and property owners if they ever encounter it. This is especially true for landlords who may live some distance from their rental property. Property fraud is the name given when someone tries to steal your property, …
Recently, we wrote a blog article about the average UK house price recording a year-on-year increase, reaching an average high of around £313,655. While the average asking price for a property in the UK has risen slowly over the previous 12 months, new data from property website Zoopla has shown …
If your buy-to-let property is tenanted by somebody in receipt of a means-tested benefit and is classed as energy inefficient (meaning a rating of E, F or G on its Energy Performance Certificate), you are likely to be eligible to receive home energy efficiency improvements at no cost to you …
If you’re a frequent reader of our property blog, you’ll know that we’ve been covering a lot of announcements that affect landlords, and that includes the gradual removal of mortgage interest tax relief. In the 2015 Summer Budget, then-Chancellor George Osborne announced that by 2020/21, landlords would be unable to …
The number of students living in private sector, purpose-built accommodation in the UK has more than doubled since 2007. CPS Homes estate agents assess what impact the vast number of new blocks is having on our capital city’s landscape and ask whether Cardiff’s traditional student house-share landlords should be worried. 'Upmarket' …
Even if you have fulfilled your requirements as a landlord by registering with Rent Smart Wales, you are still breaking the law if you employ an unlicensed person or estate agent to manage your property. It’s therefore worth checking that the person/company collecting your rent or dealing with your maintenance …
When it comes to property prices, over the last year we haven’t had many opportunities to give good news, especially in the wake of the Brexit vote, but today we intend on bucking that trend! It seems that property asking prices have recovered from the blip encountered post-Brexit; they’ve reached their …
